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Business

Highlights of RBI monetary policy announcements

New Delhi: Following are the highlights of RBI's monetary policy for 2021-22:


Sensex tanks over 400 pts in early trade; Nifty drops below 14,800

Equity benchmark Sensex tumbled over 400 points in early trade on Monday, dragged by losses in index majors HDFC twins, ICICI Bank and Reliance Industries despite a positive trend in global markets.


LATEST HEADLINES

RCB calmer than last year, players clear about their roles: Krunal Pandya


Samrat Samprati Museum's message important for world facing instability & unrest: PM Modi


Rahul Gandhi alleges PM Modi wants LDF to win Assembly elections in Kerala


Nalanda University's revival symbol of commitment to re-establish its glory in modern form: Murmu


BJP trying to add illegal voters from outside in Bengal electoral rolls: Mamata


Sonia Gandhi discharged after recovery from infection


Woman's face smeared with black colour, paraded in Ranchi; 2 held


Iran attacks oil tanker near Dubai; Trump warns of strikes on energy sites if Hormuz remains shut


Udupi district set to be declared ‘fully literate’


Pressure on Pant as LSG begin IPL 2026 campaign against Delhi Capitals


3 traffic police personnel suspended for collecting money, keeping off body-worn cams


Assam polls: BJP manifesto promises Rs 5 lakh cr investment, protection of indigenous people




Muthoot Finance chairman MG George died after falling from fourth floor

New Delhi: M G George Muthoot, largely credited for making the Muthoot Finance a pan-India and the largest gold loan NBFC, passed away on Friday evening in a freak incidence of falling from the fourth floor of his house.

 

Budget impact: Sensex soars over 750 pts; Nifty tops 14,500

Mumbai, Feb 2: The Sensex zoomed over 750 points and the Nifty crossed the key 14,500-level in the opening session on Tuesday, a day after the Union Budget which outlined a slew of measures to pull the economy out of the pandemic-induced slump.

 

Tiktok to shut down India business

New Delhi, Jan 27: Chinese social media firm Bytedance, which owns Tiktok and Helo apps, has announced the closure of its India business following continued restrictions on its services in the country.

RPL case: Sebi fines Reliance Industries, Mukesh Ambani, two other entities

Regulator Sebi on Friday imposed penalties on Reliance Industries Ltd, its Chairman and Managing Director Mukesh Ambani as well as two other entities for alleged manipulative trading in the shares of erstwhile Reliance Petroleum Ltd (RPL) back in November 2007.

Lockdown impact; Automotive industry suffered Rs 2,300 cr loss per day, 3.45 lc job loss: Par panel

New Delhi: In the wake of the COVID-19 pandemic and subsequent lockdowns, the automotive industry suffered Rs 2,300 loss crore per day and an estimated job loss in the sector was about 3.45 lakh, according to a parliamentary panel report submitted to Rajya Sabha Chairman M Venkaiah Naidu on Tuesday.

ICICI Bank launches ‘iMobile Pay’

Mumbai: ICICI Bank today announced that it has transformed its state-of-the-art mobile banking app, iMobile, into an app that offers payments and banking services to customers of any bank.

Nirmala Sitharaman, Kiran Mazumdar-Shaw in Forbes 2020 list of 100 most powerful women

New York: Finance Minister Nirmala Sitharaman, US Vice President-elect Kamala Harris, Biocon Founder Kiran Mazumdar-Shaw and HCL Enterprise CEO Roshni Nadar Malhotra have been named among the world's 100 most powerful women by Forbes, a list topped by German Chancellor Angela Merkel for the 10th year in a row.

 

Jio 5G service to launch in India in second half of 2021: Mukesh Ambani

New Delhi: Billionaire Mukesh Ambani on Tuesday hinted at rolling out 5G telecom services in the second half of 2021 and said policy steps are needed to accelerate the early rollout of ultra-high-speed 5G services that are affordable and available everywhere.

 

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